#CEXvsDEX101 🤔: Which One’s Right for You? 🏦🔄
Centralized Exchanges (CEXs) like Binance offer speed, liquidity, and ease—but they hold your funds, raising trust and censorship risks.
Decentralized Exchanges (DEXs), like Uniswap, empower users with self-custody and privacy, but often suffer from low liquidity, slower speeds, and a learning curve.
⚖️ In today’s crypto climate, knowing when to use each is key.
CEX for convenience. DEX for control.
The future? Maybe a hybrid world.
#CryptoEducation #NotYourKeysNotYourCoins #TradingTypes101 #CryptoBasics